Escrow & Title
Which type of lien is created voluntarily by the property owner?
ATax lien
BJudgment lien
CMortgage lien✓ Correct
DMechanic's lien
Explanation
A mortgage lien is a voluntary lien—the property owner willingly encumbers their property by signing the mortgage or deed of trust to secure a loan. Tax liens, judgment liens, and mechanic's liens are involuntary.
Related Arkansas Escrow & Title Questions
- The concept of 'priority' in lien law follows the general rule of:
- A deed must contain which of the following to be valid in Arkansas?
- At closing, the buyer's earnest money deposit is typically applied to:
- To be recorded in Arkansas, a deed must be:
- The recording of a deed in the county recorder's office:
- A quitclaim deed is most commonly used for:
- In Arkansas, real estate closing typically involves:
- A lis pendens is:
Practice More Arkansas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arkansas Quiz →